Industry News

Facebook, Google and Twitter in a joint letter issued yesterday, are urging Congress to support a plan for the U.S. government to cede control of the internet's technical management to the global community. Commerce Department has primary oversight of the internet's management, largely because it was invented in the United States."/>
Boston Herald The Ticker column [Boston Herald]
Intel Security tracks $100,000 in targeted hospital ransomware payments through suspect Bitcoin accounts. Intel Security survey shows healthcare and manufacturing sectors are among the least prepared to prevent data loss. More than 25 percent of companies surveyed do not monitor sharing of or access to employee or customer data...."/>
McAfee Labs Report ‘Follows the Money’ to Assess Criminal Operations Behind Hospital Ransomware
Mindtree Ltd has lost 35% in market value, far higher than the 5.5% drop in the Nifty IT index. For three successive quarters now, the company has been on a rocky road. The recent profit warning by the firm is just the latest in a series of troubles it has faced."/>
Mindtree: Reasonable expectations wouldn't need profit warnings [Mint, New Delhi]
Qualcomm, which brought Poizner to San Diego."/>
Poizner joins UCSD as first Entreprenuer in Residence [The San Diego Union-Tribune]
PayPal founder tactlessly informed a presumably slightly less talented crowd at Roosevelt University during a lunchtime talk. San Francisco-based Thiel-- who spoke in support of Donald Trump at the..."/>
Billionaire Peter Thiel to Chicago: 'Very talented' folks head to coasts [Chicago Tribune]
Microsoft says its researchers are one step closer to building software that understands speech as well as humans do. A group of researchers at the Redmond company say their conversational speech recognition system, in an industry benchmark test, has achieved a word error rate of just 6.3 percent. IBM recently touted an error rate of 6.6 percent, Microsoft said."/>
Microsoft researchers get closer to human levels with speech recognition [The Seattle Times]
Microsoft's latest video-gaming gadgets or take the latest Windows personal computers for a test drive. Across the street, and 22 stories up, Microsoft's business customers are about to get their own shopping experience. The Redmond company on Wednesday is set to open a Microsoft Technology Center in Bellevue, a location that joins 40 other sales-focused facilities that Microsoft operates from..."/>
Microsoft opens special showroom for business clients [The Seattle Times]
Lithia Motors has added to its Northeast U.S. holdings with the acquisition of Carbone Auto Group in New York and Vermont. Although terms of the deal were not released, the acquisition is the largest for the Medford-based auto retailer since it bought 27 DCH dealerships in New York and Southern California markets for $362.5 million in June 2014.. Carbone, ranked the 94th largest auto group in the country by Automotive News, generates close to $600 million in annual revenue."/>
Medford auto retailer acquires 85-year-old Carbone Auto Group [Mail Tribune, Medford, Ore.]
Cray Inc. concerning possible violations of federal securities laws. To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at The investigation concerns Cray’ s August 2, 2016 announcement of disappointing Second Quarter 2016 financial results."/>
IMPORTANT INVESTOR ALERT: Lundin Law PC Announces an Investigation of Cray Inc. and Advises Investors with Losses to Contact the Firm
Facebook page. The posting states that it expects to reopen in mid-October."/>
BRIEF: Chick-fil-A eatery to close for remodeling [The News-Journal, Daytona Beach, Fla.]
Apple revealed its new iPhone 7 and 7 Plus models. But many of those who have downloaded iOS 10 since it was made available Tuesday are reporting it causes their devices to shut down and prevents users from logging back in, CNN reports. Users were directed to restore their "bricked" devices by connecting them to iTunes on a computer."/>
BRIEF: Apple's iOS 10 for iPhone 'bricking' some users: CNN [NOLA Media Group, New Orleans]
M and A Navigator: Deal pipeline –14 September
XO Group Inc. has acquired US-based pre-engaged couples social media brand How He Asked, the company said. Terms of the acquisition will not be disclosed. XO Group is designed around "helping people navigate and enjoy life's biggest moments, together"."/>
XO Group Acquires Social Media Brand How He Asked
Hills Ltd. to combine the Hills Health Solution business with international healthcare technology leader Lincor Solutions to create a new ASX-listed company called Lincor Ltd, the company said. Lincor Solutions has installed technology in approximately 150 health care facilities..."/>
Irish Healthcare Technology Firm Lincor to Merge with Australia’s Hills Health Solutions
Facebook post. A grand opening celebration is planned for Sept. 24, featuring live music from Biscuit Jam from 6 p.m. to 8 p.m."/>
BRIEF: Restaurant to open Wednesday in Bellefonte [Centre Daily Times (State College, Pa.)]

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